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History of Resona

History of Resona

History of Resona Holdings

December 2001 The holding company Daiwa Bank Holdings, Inc. was established through a share transfer involving the 3 banks of The Daiwa Bank, Ltd., The Kinki Osaka Bank, Ltd., and The Nara Bank, Ltd.
March 2002 The Asahi Bank, Ltd. became a wholly-owned subsidiary of Daiwa Bank Holdings, Inc. through a share exchange
April 2002 Adopted the name Resona Group
October 2002 Name changed from Daiwa Bank Holdings, Inc. to Resona Holdings, Inc.
July 2003 Resona Bank, Limited issued common shares and preferred shares with voting rights (totaling 1,960 billion yen) to The Deposit Insurance Corporation of Japan
August 2003 Due to the share exchange between Resona Bank, Limited and Resona Holding, Inc., The Deposit Insurance Corporation of Japan acquired common shares and preferred shares with voting rights of Resona Holdings, Inc.
May 2010 Resona Holdings, Inc. and the Tokyo head office of Resona Bank, Limited relocated to Kiba, Koto-ku, Tokyo
July 2014 Full repayment of the common shares and preferred shares with voting rights which Resona Holdings issued to The Deposit Insurance Corporation of Japan (totaling 1,960 billion yen)
June 2015 Full repayment of public funds
November 2017 Establishment of Kansai Mirai Financial Group, Inc.
December 2017 Transferred all of the shares of The Kinki Osaka Bank, Ltd. to Kansai Mirai Financial Group, Inc.

History of Resona Bank

May 1918 Establishment of The Osaka Nomura Bank., Ltd. in Osaka City
January 1927 Name changed from The Osaka Nomura Bank, Ltd., to The Nomura Bank, Ltd.
July 1943 Establishment of Saitama Bank, Ltd., by merger of 4 banks in Saitama Prefecture
May 1945 Establishment of Japan Saving Bank, Ltd. by merger of 9 savings banks
July 1948 Name changed from Japan Saving Bank, Ltd. to The Kyowa Bank, Ltd.
October 1948 Name changed from The Nomura Bank, Ltd. to Daiwa Bank, Ltd.
April 1991 The Kyowa Bank, Ltd. and Saitama Bank, Ltd. merged on equal basis to create The Kyowa Saitama Bank, Ltd.
September 1992 Name changed from The Kyowa Saitama Bank, Ltd. to The Asahi Bank, Ltd.
February 2001 The Daiwa Bank, Ltd. assumed a portion of the operations of Namihaya Bank
September 2001 Basic Agreement on the management integration of The Daiwa Bank Group and The Asahi Bank, Ltd.
December 2001 Establishment of The Daiwa Trust & Banking Co., Ltd. by The Daiwa Bank
December 2001 Establishment of the holding company Daiwa Bank Holdings, Inc. through a joint share transfer with The Daiwa Bank, Ltd., The Kinki Osaka Bank, Ltd., and The Nara Bank, Ltd.
March 2002 Daiwa Bank Holdings, Inc. merged with The Asahi Bank, Ltd. through a share exchange
The Asahi Bank, Ltd. became a wholly-owned subsidiary of Daiwa Bank Holdings, Inc.
April 2002 Daiwa Bank Holdings, Inc. adopted name Resona Group
August 2002 Establishment of Saitama Resona Bank, Limited, by Daiwa Bank Holdings, Inc.
October 2002 The Asahi Trust & Banking Co., Ltd. was merged into The Daiwa Bank, Ltd.
October 2002 Name changed from Daiwa Bank Holdings, Inc. to Resona Holdings, Inc.
March 2003 After Saitama Resona Bank spun off from The Asahi Bank, Ltd. and The Daiwa Bank, Ltd. merged with The Asahi Bank Ltd., to create Resona Bank, Limited
July 2003 Resona Bank, Limited issued common shares and preferred shares with voting rights (totaling 1,960 billion yen) to The Deposit Insurance Corporation of Japan
August 2003 Due to the share exchange between Resona Bank, Limited and Resona Holdings, Inc., The Deposit Insurance Corporation of Japan acquired common shares and preferred shares with voting rights of Resona Holdings, Inc.
January 2006 The Nara Bank, Ltd. was merged into Resona Bank, Limited
April 2009 Resona Trust & Banking Co., Ltd. was merged into Resona Bank, Limited
May 2010 Resona Holdings, Inc. and the Tokyo head office of Resona Bank, Limited relocated to Kiba, Koto-ku, Tokyo
July 2014 Full repayment of the common shares and preferred shares with voting rights which Resona Holdings issued to The Deposit Insurance Corporation of Japan (totaling 1,960 billion yen)

History of Saitama Resona Bank

August 2002 Establishment of Saitama Resona Bank, Limited as a wholly-owned subsidiary of Resona Holdings, Inc.
March 2003 Began operations as a bank, inheriting 108 branches in Saitama Prefecture (excluding acting branches) and 3 branches within Tokyo from The Asahi Bank, Ltd.